Oil

Former Goldman Sachs commodities head "I want to be long oil"

• Favours copper also

Crude oil futures settle at $81.07

• Down -$0.20 or -0.25%

Oil technical analysis & oil price forecast, FOMC meeting

• Oil - failed breakout. Bearish unlss it recaptures $82

EIA weekly crude oil inventories -1952K vs +13K expected

• Weekly US oil crude oil inventories

Oil lower ahead of US inventory report

• US weekly oil inventories due up next

Crude oil trades to a new session low at $81.21

• Trades back below its 100-hour moving average at $81.50

WTI Crude Oil Technical Analysis

• Crude Oil reached a key resistance zone. What’s next?

Estimates are that drone strikes have taken out 900,000 bpd Russian oil refining capacity

• Ukraine strikes on Russian refineries

Goldman Sachs like oil prices higher on both supply and demand factors

• Brent seen over $100

Oil - private survey of inventory shows headline crude oil draw

• This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.

Crude oil settles at $83.47

• Up $0.75 or 0.91%

Oil climbs for the fourth time in five days, eyes $85

• WTI crude climbs 70-cents

Morgan Stanley sees $90 brent coming

• Prices hit $86 today

Weekend - Another attack on a Russian oil refinery

• More than a dozen attacks so far

US looks to buy 3mn barrels of oil for its strategic reserve